DALLAS, Texas, Sept. 12, 2014 /PRNewswire/ -- Alerian announced that following the close of business on Friday, September 19, Hi-Crush Partners LP (NYSE: HCLP) will be added to the Alerian MLP Index (NYSE: AMZ) and the Alerian MLP Equal Weight Index (CME: AMZE).
Hi-Crush Partners produces and supplies monocrystalline sand, used as proppant. Martin Midstream Partners LP (NASDAQ: MMLP) will be removed from the two indices following the close of business on September 19.
The 50 constituents of the Alerian MLP Index will be rebalanced on a float-adjusted, capitalization-weighted basis in accordance with the existing index methodology. The 50 constituents of the Alerian MLP Equal Weight Index will be rebalanced on an equal-weighted basis hahain accordance with the existing index methodology. Constituent additions to and deletions from the index do not reflect an opinion by Alerian on the investment merits of the respective securities.
About the Alerian MLP Index
The Alerian MLP Index is the leading gauge of large- and mid-cap energy Master Limited Partnerships (MLPs). The float-adjusted, capitalization-weighted index, which includes 50 prominent companies and captures approximately 75% of available market capitalization, is disseminated real-time on a price-return basis (NYSE: AMZ) and on a total-return basis (NYSE: AMZX).
Alerian the Alerian MLP Equal Weight Index
The Alerian MLP Equal Weight Index is the equal-weighted version of the widely used Alerian MLP Index (AMZ). The index, which includes the same 50 companies as the float-adjusted, capitalization-weighted AMZ but allocates a 2% weight to each constituent at each rebalancing, is disseminated real-time on a price-return basis (CME: AMZE) and on a total-return basis (CME: AMZEX).
About Alerian
Alerian equips investors to make informed decisions about Master Limited Partnerships (MLPs) and energy infrastructure. Its benchmarks, including the flagship Alerian MLP Index (AMZ), are widely used by industry executives, investment professionals, research analysts, and national media to analyze relative performance. Over $20 billion is directly tied to the Alerian Index Series through exchange-traded products, delta one notes, and separately managed accounts. For more information, including index values, yields, constituents, and announcements regarding rebalancings, please visit www.alerian.com.
SOURCE Alerian
